In September of 2022, Emerald Creek Capital provided a $2,550,000 acquisition loan in the Chinatown neighborhood of New York, NY. The loan is secured by a five-story, pre-war commercial building with 10,807 square feet of net rentable area. Chinatown is a vibrant neighborhood in Lower Manhattan attracting residents and tourists with its many restaurants, shops, and attractions. The area is centrally located in close proximity to some of the city’s most popular commercial and residential neighborhoods, in addition to the Brooklyn Bridge, Manhattan Bridge, and FDR Drive. The subject property is accessible by the B, D, F, M, J, and Z subway lines.
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